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Tag: US interest rates

Federal Reserve Chair Jerome Powell speech today
Latest
  • Web Desk
  • Aug 22, 2025
Dollar dips, Wall St climbs on Powell’s September rate cut hint

Powell emphasised that monetary policy would remain data-driven, pointing to upcoming jobs and inflation figures as decisive.

US interest rates unchanged, Trump says it is hurting the people
Business
  • Reuters
  • Jul 30, 2025
US interest rates unchanged, Trump says it is hurting the people

On the other hand, Trump on Wednesday again pressed ahead with his demand to go for rate cuts, saying the Federal Reserve should lower interest rates as keeping rates high is hurting people.

Dollar
Business
  • AFP
  • Jun 26, 2025
Dollar slides as Trump eyes new Fed boss

Stock markets diverged and oil prices were a lot steadier as Middle East tensions eased and focus turned back to US trade negotiations

US retail sales
Business
  • Reuters
  • May 15, 2025
US retail sales lacklustre as tariffs start to dampen demand

The apprehension over the economy’s prospects, sparked by President Donald Trump’s on-again, off-again tariffs policy, was underscored by retail giant Walmart, which on Thursday joined the list of companies, ranging from airlines to auto manufacturers, that have either withdrawn or refrained from giving financial guidance.

global oil prices
Business
  • Web Desk
  • Feb 26, 2024
Global oil prices extend losses

In continuation of losses from the previous session, oil prices faced a downturn on Monday as the US dollar strengthened.

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